SkyWest Airlines 2011 Annual Report Download - page 50
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profit contain 50 days of ExpressJet Delaware operating results. Therefore, the 2010 amounts represent
Atlantic Southeast’s results and 50 days of ExpressJet Delaware’s operating results.
2011 2010 $ Change % Change
Amount Amount Amount Percent
Operating Revenues:
SkyWest Airlines Operating Revenue ........... $2,002,830 $1,904,472 $ 98,358 5.2%
ExpressJet Operating Revenues ............... 1,640,837 855,095 785,742 91.9%
Other Operating Revenues .................. 11,256 5,578 5,678 101.8%
Total Operating Revenues .................... $3,654,923 $2,765,145 $ 889,778 32.2%
Airline Expenses:
SkyWest Airlines Expense ................... $1,944,816 $1,813,406 $ 131,410 7.2%
ExpressJet Expense ........................ 1,739,623 832,043 907,580 109.1%
Other Airline Expense ..................... 9,762 4,387 5,375 122.5%
Total Airline Expense(1) ...................... $3,694,201 $2,649,836 $1,044,365 39.4%
Segment profit (loss):
SkyWest Airlines segment profit .............. $ 58,014 $ 91,066 $ (33,052) (36.3)%
ExpressJet segment profit (loss) ............... (98,786) 23,052 (121,838) (528.5)%
Other profit ............................. 1,494 1,191 303 25.4%
Total Segment profit ........................ $ (39,278) $ 115,309 $ (154,587) (134.1)%
Interest Income ............................ 8,236 14,376 (6,140) (42.7)%
Purchase accounting gain (adjustment) ........... (5,711) 15,586 (21,297) (136.6)%
Other ................................... (13,417) 630 (14,047) (2229.7)%
Consolidated Income (Loss) before taxes ......... $ (50,170) $ 145,901 $ (196,071) (134.4)%
(1) Total Airline Expense includes operating expense and interest expense
2011 Compared to 2010
Operational Statistics. The following table sets forth our major operational statistics and the
associated percentages-of-change for the periods identified below.
Year Ended December 31,
2011 2010 % Change
Revenue passenger miles (000) ............. 29,109,039 20,227,220 43.9%
Available seat miles (‘‘ASMs’’) (000) ......... 36,698,859 25,503,845 43.9%
Block hours ........................... 2,250,280 1,547,562 45.4%
Departures ........................... 1,390,523 1,001,766 38.8%
Passengers carried ...................... 55,836,271 40,411,089 38.2%
Passenger load factor .................... 79.3% 79.3% 0.0 pts
Revenue per available seat mile ............ 10.0¢ 10.8¢ (7.4)%
Cost per available seat mile ............... 10.1¢ 10.4¢ (2.9)%
Fuel cost per available seat mile ............ 1.6¢ 1.3¢ 23.1%
Average passenger trip length (miles) ........ 521 501 4.0%
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